How on Earth was this number determined? Is this a statistic representing traders over a certain time period (1975-1996, for example)? Is it update every year? Who determined this? Who qualifies as a "trader" for this statistic? What do they mean "lose money"? As in they were wrong once or twice and they lost a couple of bucks or as in they lost everything? There are so many questions regarding this stat, and it seems to be taken as gospel. It'd be one thing if we were discussing some quantitatively simple such as people's eye color (60% of people have blue eyes, for instance.) It's like an insurance company calculating its customers' policies only on the assumption that "100% of people die." Our premiums would be pretty high with just that pretense. Instead insurances companies break down the odds of you dying based on your age, job, race, location, gender, hobbies, etc. They understand that circumstances change and that personal situations are different - that's why they don't use a one-size-fits-all statistic across the board. There are plenty of variables to consider. "95% of people get answers on exams wrong." How's that for a stat, huh?! Why bother even going to school if you're going to get answers wrong? Coming from a hard science background, little "factiod gems" such as this one piss me off. Anywho, discuss.